3, Medway Mews
3, Medway Mews
Description & Estimates
According to the public record, 3, Medway Mews is a period leasehold apartment with 490 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Medway Mews is £464,016 and the estimated rental value is £2,263 per month.
Medway Mews, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Our Data Sources
3, Medway Mews has 41 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated June 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Medway Mews is in very good condition we estimate a sale value of £487,217 and a rental value of £2,377 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £431,535 and a rental value of £2,105 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Medway Mews has declined by £17,519 (3.8%), while its estimated rental value has climbed by £87 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Energy Efficiency
3, Medway Mews has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jun 2011.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 3, Medway Mews was last sold on 8th April 2021 for £400,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since April 2021, the market for similar properties has dropped by 24.5%.
- Sold Apr 2021£400,000
- Sold Sep 2011£250,000
- Sold Jul 2005£175,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Medway Mews within a radius of 290 metres over the last 2 years.
The most recent example is 29, Schoolbell Mews, London, E3 5BZ, a leasehold flat which sold for £350,000 on the 1st November 2023.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Medway Mews, London, E3 has a total of 6 addresses. According to our analysis of all the public data, 3, Medway Mews is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £19k more expensive than the average property in E3.
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Schools Nearby
- 100mOlga Primary School
- 300mOld Ford Primary - A Paradigm Academy
- 300mChisenhale Primary School
- 600mCentral Foundation Girls' School
- 700mMulberry UTC
- 1.0kmMorpeth School
More reading links
Public Transport Nearby
The closest station to 3, Medway Mews is Mile End station, which is 600 metres away.
- 600mMile End
- 800mBow Road
- 1.0kmBow Church
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
